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. gerri: let's talk about entitlement programs and the impact on them. social security will have a deficit this year of $6 billion yet again. can't keep up with social security. what is the longer-term impact of what is going on on these programs? >> we really do need to have a deal on a big problem, which is the national debt larger than the economy, driven by broken entitlement programs. medicare has a huge deficit, $300 billion every year. 10,000 new beneficiaries every day. medicaid deficit finance right now. those are key parts of a safe bet that we'll b will be fallinr their own financial weight unless they are fixed. what we really have to do on behalf of the next generation. gerri: they want to raise the debt ceiling again, as a matter of fact by monday we will be out of dough. it is unconscionable to me we are in this position again. let's remember what happened last time. the market sold off, the economy went into the tank. will that happen all over again? >> i think it is a serious possibilities out like to make that they don't mix the debt ceiling in with the fiscal cliff. we h
.5 trillion in deficit reduction. i don't know if that will be possible in the next nine days. >> all of this symptomatic of the huge casam in washington. >> we talked to rick warren, the author of the -- of "the purpose driven life," the best seller and we talked about washington and talked about newtown and also christmas in this somewhat bleak season. in terms of washington he said he doesn't think politics will solve anything. it really will have to be solved in people's daily lives in terms of their spiritual awakening. he says that the fixing and the blame is so great here that instead of trying to fix the problem we try to place the blame, and he is certainly right about this whether he is right about his prescription that nothing gets done in this town. and we have seen it in this last month of the fiscal cliff. >> looking forward to seeing that interview and others on fox news sunday. thank you very much. >> thank you, doug. and you can catch the entire exclusive interview right here on fox newschannel. it airs after america's news headquarters. >>> the national debt clock ke
about how california is broke, there's a structural deficit. there isn't a structural deficit anymore. there's $1.9 billion -- >> yeah. >> but that is small. it was $25 billion just a couple years ago. this problem is a good part of the way toward being solved, and i think if people would have -- i don't think people even still completely understand that. and to me, the big question is, are the democrats, now that they have two-thirds majorities in each house, are they going to blow it up again and create new deficits like when gray davis was in charge, by rewarding in spending and locking in unions and things like that. >> and i think the democrats do have the supermajority in both the state senate and the state assembly, but a lot of the new freshmen coming in are from more centrist districts. they won by small margins, and i don't think it's a foregone conclusion that they're going to be steam-rollering with big government. voters also passed prop 39, which closed a corporate tax option of -- some would call it a loophole to pay a lower tax. that brings another $1 billion into the
-defense cuts, and you have this huge amount of revenue, deficit reduction, it is hard to see what demands the republicans think will be easier to make, the new year. guest: you have also seen all the polls that show that the president's popular the is close to an all-time high, and the polls show definitively that the republicans will be blinged if we go over the cliff and taxes go up. that was before the debacle of this past week. it has been a bad week for conservatives. it sounds to me like they're continuing to be a little delusional. host: when you make a public threat, you better be able to back up -- guest: washington wizards might have had a worse week. from a political standpoint, this was a monumental embarrassment for the speaker. host: i want to make sure i get the title of this correct. "the guide to the federal budget." how big is the federal budget? how much do take in? , to do spend? how much is $16 trillion? >> total payroll spending will be about $3.80 trillion. revenues will be about $2.80 trillion. we have a deficit of about $1 trillion. that is for fiscal 2013. that a
agreed to steep a spending cuts going into reduce the deficit. cuts now are just around the corner. >> the president says he's optimistic but did f.a deal can not be reached he'll tell hairy reid to introduce a fall back bill. >> put a bill making sure tax on middle class families don't goup, that unemployment is available for two million people z that lays ground work for additional deficit reductions and economic growth steps we can take in the new year. >> the bill, as the president calls bare minimum isn't what many hoped for, pushing off until next year, larger pron lems of dealing with the cuts. the study by george mason university found cuts will result in two million jobs lost and a $215 billion drop in the nation's gross domestic product. for california, it means defense spending will be cut by half a billion dollars, 12,000 children would lose their access to head head start programs and fewer women would receive screening. 7,000 victims of domestic violence would lose services. 8,000 fewer californians tested for hiv. 296,000 students could see their benefits cut and emp
and lays the groundwork for further work on both and deficit reduction. >>pam: house speaker john boehner failed to gain enough of his party's support for his "plan b". that proposal would have raised taxes only on those americans making more than one million dollars a year. without a deal, steep tax hikes and massive government spending cuts are set to kick in after january first. as the fiscal cliff countdown continues. house and senate members and president obama. have all recessed for the christmas holiday. >> the ninth circut court of appeals today blocked a california law which bans the controversial therapy. that aims to turn gay minors. straight. the three judge panel issued an emergency order, to put the law on hold until the court can hear further arguments. the law. which governor jerry brown signed in september, was set to take effect january first. it would make mental health professionals who engage in efforts to change a clients' sexual orientation. subject to discipline by state licensing boards. >> jacqueline: there rainfall continues with the center showers and more for
on their way to victory number 19. instead the lakers overcame a fourteen point deficit in the fourth quarter to force overtime and eventually beat the warriors for a final score of 118-to-115. jarrett jack led the way for the warriors scoring 29 points and david lee added another double-double to his tremendous season. still the lakers proved to be too much. steve nash hit the game winning field goal in his first game back after missing almost two months. saturday night isn't usually reserved for nfl games and jerry rice's single season receiving yards record doesn't ever get broken. until now. detroit lions wide receiver calvin johnson entered the night only needing another 181 yards to eclipse the mark. the lions ended up losing to the atlanta falcons 31-to-18 but johnson finished the game with 11 catches for 225 yards. that gives johnson 1,892 yards on the season with one more game left to play. legendary receivers after playing only six seasons in the nfl. jerry rice set the record back in 1995 with 1,848 receiving yards. a record which many believed would never be broken.
so we're not in a deficit situation. >>> currently lexington reservoir is 60% full. yubas is 90% full. >>> the sierra is get ago good dusting of snow and a lot of skiers and snow boarders are heading out that way. as you can see though the roads are a little bit messy. in just about 10 minutes we'll have a live report for you from the foothills on the difficulty getting up to the slopes. >>> and remember you can always get up to the minute weather and traffic information on ktvu.com. the information is always available on ktvu's mobile site and mobile app. >>> police are investigating a homicide in west oakland it happened around 2:30 this afternoon near 24th and chestnut streets. the victim was taken to highland hospital where he was pronounced dead. neighbors say they heard several gunshots. our photographer on the scene counted more than 20 bullet casings at two different crime scenes. >>> it has been five years now since that deadly christmas day tiger attack at the san francisco zoo. ktvu's david stevenson reports on how the victim's family is coping and how that attack led to ma
in a deficit situation and we really needed to make up some ground. so luckily we have a lot of ground water storage capacity. we maintained that throughout this year and this series of storms has really helped us with our surface water storage. >>> right now lexington reservoir off highway 16 is 16% full. yubas is 17% full and the largest anderson reservoir is 41% full. >>> in oakland police are investigating multiple shootings including a homicide which happened this afternoon. neighbors near 24th street and chestnut neck west oakland, they heard multiple gunshots at about 2:30, our photographer accounted a total of 20 shell casings on the ground at two different crime scenes in the area. we are told that the victim is a man but his name has not been released there is no word on suspects or arrests. >>> in oakland they're investigating a shooting that injured two inside of a church. they were shot by stray bullets around 9:00 last night. most people are in stable condition right now. police say they have no suspects at this time. >>> a 24 hour strike by union nurses at nine bay area hospit
work for future corporation by more economic growth and deficit reduction. >>> with no agreement on the fiscal cliff extended unemployment benefits expire tomorrow for 24,000 unemployed californians. one woman says she's been out of work for two years. she said if it weren't for the long term unemployment benefits she doesn't know how she would get by. >> not being able to put food on table. not being able to pay my bills. >> those individuals and families are on their own to figure out how they're going to have an income until they have go on and have a job again. >> reporter: 1.2 million americans could lose their extended unemployment benefits nationwide. >>> cloudy and cold, all day across the entire bay area. now we're adding some rain showers to the mix. here's a look on live storm tracker 2 radar. the greens indicating light rains on the increase. even if you're covered in the green, things are changing as you can see down toward the san mateo coastline. already reporting of some light rain right around the pacifica region. right around san francisco, right around sausalit
-14 and 14-15. the mayor's office is currently projecting a 263 million dollar deficit for that two year period and that shortfall results from approximately 344 million dollars in known cost increases which is offset by 81 million dollars in estimated revenue growth over the same period. as always, this gap will have to be closed by the time the mayor submits his report, general funding departments reduced our budget, our general fund support by 3% over the next two fiscal years and they've asked us to make a 1 and a half percent cut in 13-14 and a 1 and a half percent cost in 14-15, the budget reduction targets that we received from the mayor's budget office are 465 thousand dollar reduction next year and a 558 thousand dollar reduction the next year, so in the scope of the budget reduction that they have received over the last three or four years, this is eminently manageable. two years ago, we were asked to make a 20% budget cut, so this is something that feels like we can accomplish hopefully with relatively little pain. we would hope to meet this 3% target as well as any cost inc
? supervisor kim: the budget is tough this year. even though our deficit is not as large as it has been, it is tough because we have made these cuts already, and did this point, we are cutting things we really do not want to cut. and it is painful. we will lose more potential services. we will also not be able to support our residents. we are looking at weekend meals for seniors. it is painful. i think we have to look at it as a combined approach. it has to be cut within city government that we can bear -- services that are less essential. second, you have to look at raising revenue in the city. i think it needs to be a combination. and third, need to be much better informed, and we have to ask our public employees to look at the budget. and they already have, but also to look back. it is a threefold approach to me. >> what are the city's housing needs him much of the board of supervisors to to address them? supervisor kim: it is tough, because we depend on the market to build housing for our residents we build at over 150% of the need. we are building over the need of the market rates.
, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> reporter: you hear we are talking about the words "achievable goals." the reality here is we have fewer days to work with, less talk about some sort of a grand compromise, and more talk about trying to do something to get things done for americans. randi? >> what do you make of the language and tone? i mean, is any sense of a deal sort of evaporating judging from what we're hearing from both sides, tough talk? >> at the very least, we aren't hearing a lot of warm words between the two toward each other. we know they've been working on this for weeks. you just don't hear that thawing when you hear them talking as they did just within the past 24 hours. shows a lot of work to be done in the next few days. how much is behind the scenes when they're divided geographically is the part we don't know. >> yeah. the president certainly also asking -- suggesting that everyone needs time to cool down. will this new proposal pass with republicans, do you think?
for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> the president's solution of raising tax rates would still leave red ink for as far as the eye can see. and it would hurt jobs at a time when far too many of our citizens are struggling to find them. >> reporter: the difference now, miguel, is in discussion is this for small package that would really only deal with making sure these tax increases don't happen and that these unemployment benefits are extended as the white house sees it. but the bigger issue of trying to deal with deficit reduction of entitlement reform, tax reform that is being put on the shelf right now. >> kicking the can down the road, i suppose. if there is no deal, will workers see extra taxes coming out of their paychecks starting january 1? >> that's the thing. technically taxes increase on january 1st. but if you were looking at your paycheck and trying to figure out am i going to be seeing this here just a matter of a couple weeks, no, actually. we wouldn't expect that you would be seeing your taxes in
affected. again, they've already given $103 billion toward deficit reduction and almost every scenario that we've considered a likelihood federal employees get hit again. >> ifill: let me ask you each briefly. are you optimistic or pessimistic from what you read about the prospect of a deal? >> i'm very optimistic. i think they will do something to avert sequestration, yes. >> ifill: hugh johnson? >> very clearly i think that the message of the markets is we're going to avoid a significant tax increase and significant spending cuts or the economy is not going to go into a recession in 2013 and that's really the key in this whole thing. or, i would add, 2014. so i'm cautiously optimistic. i'm holding on to my -- i'm crossing my fingers and holding on for dear life. >> ifill: crossing your fingers and toes? stacy palmer? >> i hope we'll some kind to an agreement soon but whatever happen there ises is s going to be deficit cutting and we'll have to face decisions so that could be rough. >> ifill: stacy palmer, jacque simon and hugh johnson of johnson illington advisories, i wanted to get
victory instead it was the lakers to came back from a 14 point deficit. they beat the warriors in overtime, 118- 115 kobe bryant, no surprise lead all scorers with 34 points. >> still ahead on kron 4 news weekend we are keeping an eye on the weather. this live look as you can see wet weather and wind. mike pelton will give us an update. >> we left a little hot dog place, we went to victoria secrets, h and m. banana republic, basically every store. >> like see if there procrastination let to the discounts. >> of nassau and beyond the biggest stories of 2012. >> this is corta madera we have been following the rain and its started there in the north bay. to get you more news faster, our solo reporter, mike pelton. mike, you are at the shopping center. >> isabel, this is one of the worst i have seen it. very nasty conditions that the wind is picking up. as i panda the camera out. this construction cohn just went flying across just to give you an idea of the conditions. let me show you a video of the last several hours. there rain is continuing to pound but on the screen it has been like this a
insurance for 2 million americans and lays the groundwork for further work on both and deficit reduction. >>reporter: the remarks came after house speaker john boehner failed to muster enough of his party's support to bring his "plan b" to the floor. his proposal would have effectively raised taxes only on those americans making more than one million dollars a year. >> we had a number of our members who just really didn't want to be perceived as having raised taxes. >>reporter: the two sides each left the capitol for the christmas holidays, blaming the other for inaction. democrats said thursday's failure in the house pointed to a need for more compromise by the g-o- p. >> house republicans have gotten the message loud and clear that a comprehensive solution to the looming fiscal cliff will need to be a bipartisan solution. >>reporter: senate republican leader mitch mcconnell said the next move needs to come from the president. >> he is the only one that can do it. this isn't john boehner's problem to solve. >>reporter: without a deal, steep tax hikes and massive government spending cuts
of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an aachievable goal. that can get done in ten days. >> the president's solution of raising tax rates would still leave red ink as far as the eye can see and it would hurt jobs at a time when far too many of our citizens are struggling to find them. >> reporter: but so now, miguel, the plan is to just deal with
on growth and deficit reduction. >> that means taxes go up for some now and spending cut on medicare and other programs are kicked to another date. >> what the president offered so far won't do anything to solve the spending problem and begin to address the crippling debt. >> gallup in early december saying 58% of the public thought we'd avert the fiscal cliff. new poll shows it's dipped to 50% thinking that. the public thinks we are headed for a big problem. >> doug: breaking news from treasury secretary geithner it go about the debt ceiling. are we about to go to default? >> yes and no. secretary gite it go says today that we will hit debt ceiling on december 31, new year's eve. it only buys a couple of months. it proves even if we get through the fiscal cliff situation we are headed for a major showdown next year. >> doug: ed henry traveling with the president in honolulu. what happens if we go over the fiscal cliff? molly henneberg explains it means more money of the of your wallet. >> taxes are going up on everyone immediately. if washington can't come to a deal on the fiscal cl
's over the budget and the debt ceiling and a deficit-reduction, also the reading and what happened in egypt and libya, and so i'm looking at how obama made the decisions he made and why he took the actions he took in that very perilous time politically but i also explained how this is all done in a way to set up the 2
unemployment insurance and lays the ground works for future progress on more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as they let it come to vote. >>> don't be surprised if you come across the jeiy checkpoint in the next couple of days. local law enforcement agencies have launched their annual crackdown a drunk drivers, indictment will are already in place. a bay area lawmaker is voting for tested solution to get repeat drunk drivers off the highways. a proposal that is being used in assisted states. >> the thinking behind the proposed crackdown is address what state senator jerry hill says the high rate of drunk drivers that don't modify their behavior. he cites statistics, most recent numbers available. >> there were 161,000 d.u.i. arrests and convictions in california. 27% of those were repeat offenders. >> a second indictment conviction would require a driver to buy and i install an emission intercept device. this is one showing how they work. a breath sample is taken and car will start only if the driv
and deficit reduction. >> reporter: remarks came after speaker of the house john boehner failed to bring plan b to the floor. it would have raised taxes on those americans making more than $1 million a year. >> we had a number of our members who just really didn't want to be perceived as raising taxes. >> reporter: the two sides left blaming each other for inaction. democrats said the failure in the house pointed for a need for more compromise by the gop. >> republicans got the message loud and clear. >> reporter: he said the next move needs to come from the president. >> he is the only one who can do it. this isn't john boehner's problem to solve. >> without a deal tax hikes and spending cuts are set to trigger after january 1. in washington. >>> just released figures show the price of a home in november rose to the highest level since 2008. data show the average sale price for a single family home in november was $883,000. that is up 16% from 2011. the price of condos rose 40%, $468,000. a lack of inventory is driving the spike. >> reporter: investors -- >>> investors reacted badly that no
that "fiscal cliff" talk gave wall street a wild ride today. the dow erased most of its 150- point deficit after promising news from washington. it ended up closing down 18 points. the nasdaq and s&p also closed down a bit. >>> just in tonight, america has lost one of its most decorated and beloved war heroes. general norman schwartzkopf died today. he raised as an army brat spent his life in the military. in vietnam he famously rescued fellow soldiers by marking land mines with shaving cream. but he is best known for commanding the american-led coalition in the 1991 gulf war. his temper earned him that nickname stormin norman. he was 78. >>> a woman called 911 in the middle of the night screaming for help. officers showed up and when it was over they had shot and killed a man. it happened at an apartment complex on creekside drive in walnut creek. officers say that the man confronted them the moment they arrived at the apartment around 3:15 this morning. they won't say what kind of weapon he had but the police say they were forced to shoot him. he died at the scene. some neighbors managed
for further work on both and deficit reduction. >> pam: this comes after house speaker john boehner failed to gain enough of his party's support. to his "plan b". his proposal would have raised taxes only on those americans making more than one million dollars a year. without a deal, steep tax hikes and massive government spending cuts are set to trigger after january first. as the fiscal cliff countdown continues. house and senate members have already recessed for the holidays. >> president obama will nominate senator john kerry as the next secretary of state. he made the announcement at the white house today. current secretary of state hillary clinton is stepping down in january.u-n ambassador susan rice was reportedly on the short list, but took herself off it, citing a "lengthy, disruptive, and costly" confirmation process after republicans took issue with her remarks on the deadly benghazi attack killed 4 americans in libya. >> and after the president's busy day. he and the first family are now heading for hawaii. the president, first lady and their two daughters boarded air force one
insurance, and lays the ground work for further work on both growth and deficit reduction. >> reporter: remarks came after speaker of the house john boehner failed to bring plan b to the floor. it would have raised taxes on those americans making more than $1 million a year. >> we had a number of our members who just really didn't want to be perceived as raising taxes. >> reporter: the two sides left blaming each other for inaction. democrats said the failure in the house pointed for a need for more compromise by the gop. >> republicans got the message loud and clear. >> reporter: he said the next move needs to come from the president. >> he is the only one who can do it. this isn't john boehner's problem to solve. >> without a deal tax hikes and spending cuts are set to trigger after january 1. in washington. >>> just released figures show the price of a home in november rose to the highest level since 2008. data show the average sale price for a single family home in november was $883,000. that is up 16% from 2011. the price of condos rose 40%, $468,000. a lack of inventory is drivin
lmite para que washington llegue a un acuerdo para reducir el deficit, cada vez es ms claro que california tiene mucho en juego si no se evita el precipicio fiscal ---segn la oficina del analista legislativo, el presupuesto del estado podria reducirse en 11 mil millones de dolares en dos aÑos y mas de 200 mil empleos podrian desaparecer. ---ademas, si los recortes fiscales de bush expiran, los impuestos de muchas familias podrian aumentar al menos 2 mil dolares cesar ---algunos californianos que pagaron tasas de interes excesivas por prestamos podrian recuperar una parte de su dinero take vo ---la compaÑa prestamista "check-n-go" acord pagar ms de 4 millones de dolares a sus clientes ---la empresa est siendo acusada de cobrar hasta un 400 por ciento de interes, muy por encima de lo permitido por el estado ---los clientes que recibieron un prestamo por internet entre noviembre de 2006 y junio de 2008 podran ser elegibles para recibir un reembolso. cesar ---tiempo de la primera pausa, pero mas adelante... take vo ---hay malas noticias para quienes asisten a un tradicional evento
americans and lays the groundwork for further work on both growth and deficit reduction. >> raising taxes could still be red ink as far as i can see and it would hurt jobs. >> reporter: some long-time lawmakers are dismayed by the perpetual gridlock. >> i feel it's more likely we'll go over the cliff than not and if we allow that to happen, it will be the most colossal consequential act of irresponsible in a long time --er responsibility. >> reporter: president obama is in hawaii. he says he will cut his vacation short to try to hammer out a deal. the deadline a week away. >> if congress does not get anything done, then taxes will most likely go up for everyone. just about everyone on january 1st. unemployment benefits will also expire for many people. >>> international envoy working to end syria's civil war worries won't be able to help. one man said bashar assad discussed possible steps forward but has made little progress because both sides seem to be more interested in fighting. >>> authorities in india used violence to stop a week of rape protests. armed police beat police with stick
of representatives on sunday. in an effort to hammer out a last-minute budget deal. erased early trading deficits. on wall street. the dow finished the day down 18-points. but at one point during the session it was down 150 points. the nasdaq lost four points. and the s-and-p 500 dropped roughly two points. >> new home sales jumped in november to the highest level in more than two years. the u.s. government is reporting an increase last month of 4-point-4-percent compared to october. it's the strongest pace of new home sales since april of 20-10 the increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures -- that in turn has lifted home prices. your forecast, coming up after the break. >> the pittsburgh-based. bart station is reported that an adult male has been shot. this is a live picture from sky 7 high-definition. a couple of cars are together i am not sure if that is the suspects vehicles for a police car. there were delays in both directions. things are up to speed with a news crew on the scene there will be updates coming up
and do spending cuts and deficit reduction in the new year. he is telling lawmakers take a few days off. relax over the holidays and maybe we'll all come together. take a listen. >> sing some christmas carols, enjoy the company of loved ones. and then i would ask every member of congress while they are back home to think about that think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> now, i can hear the helicopters warming up there on the other side of the white house from where i am on the south lawn. the president will be heading to andrew's air force base in a moment. is he going to hawaii tonight. on his way out the door told us "see you next week." which means he will be coming back after christmas before new years to try to work this out with lawmakers. he also suggested maybe they have eggnog over the holiday. maybe he thinks that will grease the skids. >> harris: eat cookies and sing carols for the rest of us across the country. you get the accepts he is trying to calm
and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speaker john boehner failed to garner enough support from his own party to even hold a vote on his plan to raise taxes for those with an income over $1 million. >> while we may have not been able to get the votes last night, to avert 99.81% of the tax increases, i don't think they weren't taking that out on me. they were dealing with the perception that somebody might accuse them of raising taxes. >> "outfront" tonight, chief white house correspondent jessica yellin and dana bash. ladies, nice to see both of you. jessica, we'll start with you. the president's message was short and sweet and kind of basic. what do you think is different this time around in what he is saying? >> well, what's different is it is less than two weeks until the new year and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done tod
with deficit reduction that would have dealt with these tax hikes, spending cuts, trying to work out a plan for entitlement reform and tax reform. what's now being worked out is to avert those tax hikes. as president obama wants it, he wants it up to folks earning $250,000, and also wants to deal with unemployment insurance getting that he can extended for unemployed americans but that bigger stuff kicked down the road. >> brianna, will americans actually see their paychecks affected january 1st without a deal? >> reporter: if no deal, that is not expected. technically, the tax hikes would go into effect then, don. but there would be a whole lot of pressure on washington to act, even if we were to go over the fiscal cliff. and because of that, payroll processors would wait to use the new math, if you will. and a lot of people wouldn't see an increase in the taxes taken out of their paychecks until late january or early february when it was clear that the fiscal cliff was here to stay. >> brianna, i am not by nature a jealous person at all. but are you in waikiki? is that waikiki? because i
together and form a deficit cutting agreement that protects families and small businesses. >>> if you had a chance to talk to president obama, what would you ask him? students from schools around the bay area are writing him letters sharing hopes for the future. education reporter lyanne melendez tells us what is on their mind. >> the letters written to the president start out with a simple salutation. >> dear president obama my name is.... >> what follows is the example of a child's vase curiosity. do you wear a suit every day? and questions even adults would like to ask. >> how do you feel about romney losing? >> the fivd graders in san francisco are participating in a program called mail to the chief organized by handwriting without tears. the idea is to encourage students to get interested in government. >> anything that you want to write is fine, okay? >> this year the students have been particularly interested in what has been happening in their communities and around the world and they are not holding back. >> are you going to deal with the problems in egypt? what are i going to do
for 2 million americans and lays the ground work for further work on both growth and deficit reduction. >> the presidents solution of raising tax rates would still be ready for as far as the eye can see and it would hurt jobs. >> the partisan bickering has put the country on the brink of a financial crisis. >> it's the first time that i feel it's more likely that we will go over the cliff than not. and that if we allow that to happen it will be the most collosal consequential in a very long time. >> reporter: president obama is in hawaii for christmas. he says he will cut his vacation short to try to hammer out a deal with republicans. i'm andrew spencer reports. >>> fears over if fiscal cliff dampened hopes on the stock market. >>> on the heels of a public outcry, instagram has been hit with with their first civil lawsuit. the first action suit filed in criminal court friday stems from the company's proposal to change its terms of service. an instagramish user leveled claims against the company. instagram claims the complaint is without merit. >> thousands gather to celebrate christm
year we were in a deficit situation and we really needed to make up some ground. luckily we have a lot of ground water storage capacity. this series of storms have helped with the reservoir capacity. >>> a member of the alpine meadow ski patrol has died after being buried in an avalanche. bill foster died overnight at a reno hospital. yet the ski patrol used explosives to trigger the avalanche in a private area of the resort near lake tahoe. resort officials say the avalanche broke much higher and wider on the slope than expected burying foster in the snow. >>> we'll go to the sierra for updates on conditions there tonight as this latest storm bringing everyone more snow to the high country. you can get the latest weather conditions any time online or on your mobile device at ktvu.com. look for the link to storm tracker 2 near the top of the page. you can also follow us on twitter. we postupdates on the ktvu channel 2 facebook page. >>> police found dozens of shell casings on the ground where a man was shot and killed. neighbors told our photographer that they heard multiple gunshots.
americans look for a job and lays progress for more economic growth and deficit reduction. i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> republican house speaker john boehner said he's willing to bend on raising tax force the wealthiest americans to avoid the physical cliff. >>> don't be surprised if you come across a dui checkpoint in your neighborhood over the next few days. the highway patrol and other law enforcement agencies have their checkpoints in place. >>> a bay area law maker is proposing a new solution for getting repeat drunk drivers off the roadways. it's already being as youd in other states. abc7 news reporter david louie has the details of the new proposal. >> the thinking behind the proposed crack down of repeat offenders is to address what state senator jerry hill says is a high rate of drunk drivers who don't modify their behavior. he cites twine statistics, the most recent numbers available. >> there were 161,000, 161,000dui arrests and convictions in california. twenty seven pe
boehner said both parties can come together for an deficit cutting agreement. >>> st. anthony's foundation in san francisco is holding a drive. curbside drive will start at 9:00 at st. anthony's which is locked at golden gate avenue and jones street. then at 10:00 meals were be served to 3,000 people. at 11:00, donation delivery of scarves takes place. >> glide memorial church hosts a toy giveaway for families in need starting at 9:30 this morning. volunteers have been collecting unwrapped toys preparing for this day. lucille will be on hand, giants mascot. it's located at ellis and taylor streets in san francisco's tenderloin. >> the salvation army of silicon valley is hanged out toys, gifts and food to 1700 pre-registered families. they will hand them out at santa clara fairgrounds starting at 8:00 this morning. salvation army has been doing this for 125 years thanks to generous donations from the public. an estimated 5,000 needy children from all walks of life will benefit from this year's event. >>> next, tis the season to write letters to santa and the president and what bay area kids
for additional deficit reduction and economic growth steps we can take in the new year, let's not miss this deadline that. is the bare minimum we should be able to get done. >> we've been looking at the cost of going over the fiscal cliff. we showed you aá](ny calculatoro help you estimate how much your taxes will go up. we'll take a look at how spending cuts will impact californians, in the bay area. >> mark, thank you. >> our other top story is the weather. another storm system hitting parts of the bay area, reservoirs are now at capacity because of the rain. >> here is a live look from our camera. looking north at the bay, and you can see there is cloud cover there. sandhya patel is tracking the storm's path on doppler 7 hd. >> i want to show you where sit raining now. not everyone is seeing moisture reaching the ground. as we take a look, you'll see where the moisture is actually reaching the ground. it's in the north bay. as we look from clover dale towards yu kaia, we're seeing light to moderate rain, eastside road taking you down to street level here, highway 101, there is some
for more economic growth andç deficit reduction. i believe suchmy a proposal coud pass both house was bipartisan majorities as long as these leaders allow it to come to a vote. >> republican house speaker john boehner said he's willing to bend on raising taxes for the wealthiest americans to avoid the fiscal cliff. >>> don't be surprised if you come across a dui checkpoint in your neighborhood over the next few days. the highway patrol and other law enforcement agencies have their checkpoints in place. they will continue to be every night through new year's day. >>> a bay area law maker is proposing a new solution for getting repeat drunk drivers off the roadways. it's already being as utilized in other states. abc7 news reporter david louie has the details of the new proposal. >> the thinking behind the proposed crackdown of repeat offenders is to address what state senator jerry hill says is a high rate of drunk drivers who don't modify their behavior. he cites 2009 statistics, the most recent numbers available. >> there were 161,000, 161,000 dui arrests and convictions in calif
and deficit reduction. >> the president's -- it would hurt jobs. >> reporter: the partisan bickering has put the country on the brink of a potential economic crisis. some long-time lawmakers dismid- by the perpetual gridlock. >> the first time i feel it's more likely we will go over the cliff than not; and if we allow that to happen, it will be the most colossal consequential act of irresponsibility. >> reporter: president obama says he'll cut his vacation short to hammer out a deal with congress. the deadline now a week away. i'm andrew spencer reporting. >>> if congress face to reach the agreement income tax rates will go up on just about everyone on new year's day. unemployment benefits will expire for many as well. you may not feel the pinch right away. already too late for employers to accurately who would income taxes from those january paychecks. the social security payroll taxes are set to increase on january the 1st. you will see an immediate cut in your take-home pay. >>> the senator from idaho is apologizing for being arrested over the weekend. senator michael crepo was charged w
and deficit reduction. >> the president's solution of raising tax rates would still be ready as far as the eye can see and hurt jobs. >> president obama said he will cut his hawaiian vacation short to hammer out a deal with congress with the deadline a short week away. >>> 5:18 now. >>> the nra is adamant about its idea of placing armed guards in the nation's schools. >> this comes as diane fine stein promises to introduce new gun control legislation in the new year. the head of the nra put the game on violent video games and problems with the mental health system insisting another assault weapons ban is not the answer. >> it doesn't work. diane fine stein had her ban, and columbine occurred. >> hundreds of protests yesterday. >>> amid the debate over gun controls and restrictions, bay area ranges are seeing a sharp increase in the number of people who want firearms training. cbs 5 reporter donlin shows us who is seeing up for the shooting lessons. >> reporter: lynn suwannee fired a gun for the first time in her life. >> safety. my arms are tired. >> reporter: before pulling the trigger, she
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